Compare IC Markets vs IG


Online brokers compared for fees, trading platforms, safety and more. See how IC Markets stacks up against IG!

IC Markets vs IG
overall rating
4.4
4.6
overall pros
  • Low forex fees
  • Easy and fast account opening
  • Free deposit and withdrawal
  • First-class web trading platform
  • Superb educational tools
  • Great deposit and withdrawal options
overall cons
  • No investor protection
  • No negative account balance protection
  • Limited number of available CFDs
  • High stock CFD fees
  • Limited product portfolio
  • Poor phone support
fees
4.3
  • Low trading fees
  • Low non-trading fees
  • Low forex fees
  • High financing rate for CFDs
3.4
  • No withdrawal fee
  • Low index CFD trading fees
  • Inactivity fee
  • High stock CFD fee
account opening
5.0
  • Fast
  • Fully digital
  • Low minimum deposit
4.4
  • Fully digital
  • Low minimum deposit
  • No minimum deposit for bank transfer
  • Slower account opening
deposit and withdrawal
4.9
  • Credit/Debit card available
  • Free withdrawal
  • No deposit fee
4.5
  • Credit/Debit card available
  • Free withdrawal
  • No deposit fee
web trading platform
2.8
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Order confirmation
  • No two-step (safer) login
  • No price alerts
  • Poor design
5.0
  • User-friendly
  • Clear fee report
  • Two-step (safer) login
mobile trading platform
3.8
  • User-friendly
  • Good search function
  • Price alerts
  • No two-step (safer) login
  • No Touch/Face ID login
  • No order confirmation
5.0
  • User-friendly
  • Good search function
  • Good variety of order types
  • No two-step (safer) login
  • No Touch/Face ID login
desktop trading platform
3.3
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Price alerts
  • No two-step (safer) login
  • Poor design
markets and products
1.7
  • Forex
  • CFD
  • Crypto
3.5
  • Stock
  • ETF
  • Forex
  • Options
  • CFD
  • Crypto
  • Equities for UK clients
  • Robo-advisory service in the UK
  • IPOs
research
3.8
  • Trading ideas
  • Quality news flow
  • User-friendly
  • No fundamental data available
3.5
  • Good interactive chart
  • Trading ideas
  • Quality news flow
  • No fundamental data available
customer service
3.6
  • Phone support
  • Live chat
  • Fast response time
  • Slow and irrelevant live chat
3.6
  • Phone support
  • Live chat
  • Relevant answers
  • Poor phone support
education
4.5
  • Demo account
  • Trading platform tutorial
  • Educational videos
5.0
  • Demo account
  • Trading platform tutorial
  • Educational videos
  • No educational articles
  • Majority of clients belong to a top-tier financial authority
  • In operation for a long time
  • No investor protection
  • No negative balance protection
  • Does not hold a banking license
  • Majority of clients belong to a top-tier financial authority
  • Listed on stock exchange
  • Negative balance protection
  • Does not hold a banking license
recommended for Forex traders who value easy account opening and free deposit/withdrawal options Traders of any experience level looking for an easy-to-use trading platform
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